BENGALURU, Nov 3 (Reuters) - Indian shares opened higher on Friday, led by auto stocks on strong earnings from Tata Motors and information technology (IT) on optimism that the U.S. Federal Reserve may not hike rates again in this cycle.

The NSE Nifty 50 index was up 0.56% at 19,241.70 as of 9:15 a.m. IST, while the S&P BSE Sensex rose 0.60% to 64,444. (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sonia Cheema)